I use all of trading systems in order to your list! In addition, I use a fixed risk reward ratio in my trading! On the other hand, I don’t count the number of my monthly trade, in average I get 10% monthly return here!

How much you make in a month on avg...

Thanks a lot for your guideline! That’s the general strategy of using news events of market! BY the way, news trading is too much complicated! I see, only pro traders can make money from news events!

Pairs for trade the news

Well, fibo is useful for all kind of traders including news traders! I use this technical tool for identifying major swing points of market! On the other hand, my news trading knowledge is my core point of success.

Elliot Wave and Fibo for the Newbies

That means, you stay here when your trades are open? How you manage your trades during high voltage news?

Do you use stoploss?

I want to discuss on your last point I mean, time frame issue! Yes, higher time frames are relatively stable than lower time frames! If you follow any trend that can be break at any time if your trend is against the high time frames like D1.

Six Forex Trading Tips for Newbies

May I know, details about your trading strategy? What’s the list of ingredients of your trading strategy? What’s your future plan or new trading pairs with your strategy?

When to know what to trade

I seem, new traders need to focus on their learning process rather than brokers trading facility & features! Yes, leverage is very important trading facility but high leverage brings high risk! This is why, when I was a new face for live trading I ...

Is it good use high or low leverage as a beginner?

No doubt, Pivot Point is very important technical tool! But, it’s not everything actually! For being a successful Forex trader, you have to learn technical and fundamental analysis with details.

what is happening in the market?

Really? I have almost 5 years trading experience but never saw this kind of issue! Please, explain more about your short info.

Why does 4 hour bar close 1 hour later than daily bar?

You are right, new traders should practice demo before their live trading! For demo, they also need to work with low trading leverage, they should concentrate more on trading quality rather than quantity and trading lots size!

Is it good use high or low leverage as a beginner?

I also use Blomberg, it’s quick and free! Besides, I use Economic Calendar of ForexFactory.

Forex News websites

According to the Poll Result; all of parameters are responsible for this statistic! Basically, I want to add another point here, “greed”! Because, I have seen many new traders want to make quick success in their trading!

Why do 95% of traders lose?

Nice to know your story! Actually, in my beginning session I was also confused about my success! That’s way, I started as a part term trader! But when I started to work on fundamental analysis then I started to make real money! Till now news trading ...

Why I trade Forex? Hbu?

Being consistent is the main challenge here! I seem, 9-10% is a very good profit ratio! I started my live trading with only 5% target, yes I worked for only 5% in the 1st year of my live trading!

How much you make in a month on avg...

I started my trading through micro then mini then ECN! In addition, before starting my micro trading I used my demo for 8 months! Micro account helped me a lot to learn how to check emotions and greed into the live market!

Mini Account vs Micro Account

It’s easy to think, but the reality is different! By the way, I liked your idea, nevertheless not sure because of trading spreads and requotes issue!

i want only 1 pip everyday

Very good list; I follow DailyFX and Investing from my 1st day of live trading! In addition, Economic Calendar of FF is too much meaningful for news trading!

Forex News websites

Yes friends, I have also very bad experience on it! That’s way, now I never open any trade without selecting the perfect zone of stop loss!

Do you use stoploss?

You are right, even sometimes you can’t close your trades because of requotes problem! So, trading without stop loss trading tool is very risky! I use my SL’s according to the market demand!

Do you use stoploss?

Lose is a very common part in every business! Here, losing money is very easy so I am not looking for 100% profit here! I know, 100% doesn’t exist here! So, I don’t take high risk reward ratio!

10 Rules for Traders